(See Corrections and Amplifications item below.)
As Verizon Communications Inc. gears up to offer pay-TV service in New York City, Time Warner Cable Inc. is making a series of moves to compete more aggressively with the phone titan for one of its most prized markets.
Verizon received final approval from local authorities last week to launch its FiOS TV service in New York. It has already begun taking video-service orders and plans to begin installing starting on Aug. 1, says Rich Greenfield, an analyst at Pali Capital, who downgraded Time Warner Cable's stock to a sell on Monday because he ...
Email
Printer Friendly
Order Reprints
